2022 Comprehensive Annual Financial Report for Sarasota Coun

Fleet Information Risk Services Technology Management Reconciliation of operating income (loss) to net cash provided (used) by operating activities: Operating income (loss) $ 4,874,620 $ (532,746) $ (4,177,841) Adjustments to reconcile operating income (loss) to net cash provided by (used for) operating activities: Depreciation and amortization expense 12,300,739 3,172,399 - (Increase) decrease in accounts receivable - - (44,278) (Increase) decrease in intergovernmental receivable - - - (Increase) decrease in inventories (108,645) - - (Increase) decrease in prepaid items - - (298,849) (Increase) decrease in OPEB assets held in trust 11,279 22,763 2,001 (Increase) decrease in deferred outflows for pensions 19,579 (13,485) (11,367) (Increase) decrease in deferred outflows for OPEB (8,274) (16,662) (1,566) Increase (decrease) in vouchers payable (4,741) (155,127) 38,349 Increase (decrease) in wages and benefits payable (104,480) (361,772) (30,575) Increase (decrease) in contracts and retainage payable 781,177 - (62,271) Increase (decrease) in interfund payable - - - Increase (decrease) in net pension liability 693,247 2,822,955 239,374 Increase (decrease) in compensated absences 23,777 96,081 15,139 Increase (decrease) in claims payable - - 4,894,212 Increase (decrease) in intergovernmental payable (36) (18,119) - Increase (decrease) in deferred inflows for pensions (1,099,554) (3,968,254) (280,495) Increase (decrease) in deferred inflows for OPEB (14,011) (28,265) (2,513) Total adjustments 12,490,057 1,552,514 4,457,161 Net cash provided by (used for) operating activities $ 17,364,677 $ 1,019,768 $ 279,320 Transfers of capital assets to other funds $ 11,559 - $ $ 1,916 Change in fair value of investments (1,889,038) (867,614) (354,085) Payables related to capital asset acquisition 901,358 155,265 - Non-cash investing, capital and financing activities: For the Year Ended September 30, 2022 Sarasota County, Florida Combining Statement of Cash Flows-Continued Board of County Commissioners Internal Service Funds 252

RkJQdWJsaXNoZXIy MzM3Mjg=